These two sketches are just a taste of what's to come from ultra chic designer (and Mick Jagger's GF) L'Wren Scott's first-time retailer collaboration with Banana Republic. Come December 5, 2013, at BR stores and online—just in time to add to your holidays wish list!—you'll be able to get some high fashion at a lower price. Sign. Us. Up!

Known for her strong, feminine pieces and couture aesthetic (her recent collection featured 23-karat gold embellishments), you can expect that what she'll bring the Banana Republic table will be top notch—but not top dollar. L'Wren's glamorous 50-plus piece collection (think: sequin party dresses and bejewelled cardigans, to feminine, tailored jeans, lace dresses, and pencil skirts) will actually only run you anywhere from $40 to $198, which is a fraction of her usual "Do I pay my rent for the next few months or do I buy this dress?" price tag.

"Banana Republic is somewhere I used to shop and something I grew up with," she told WWD. "From a quality point of view and their price point, it was really impressive. They have this massive team that helps you achieve what you want to do."

We can't even put into words how excited we are to see what she does with this collection. But, in the meantime, let's take a look at some of our favorite L'Wren Scott red-carpet masterpieces on Isla Fisher, Nicole Kidman, and Amy Adams.

Here's Isla Fisher in one of L'Wren's black and beige gowns at the premiere of Now You See Me.